• SteveEnglish
    6·
    6 days ago

    Because the insider trading laws have a specific carve out for elected federal officials. It’s crazy, but true.

    Just checked. Apparently that was closed in 2012!
    The issue now is that enforcement of insider trading laws is highly selective. Nobody important gets charged or even investigated for it.

    • 11111one11111@lemmy.worldEnglish
      2·
      6 days ago

      Yeah Obama stomped that fuckin bullshit out. Now only the spouses of congressmen/women can get rich from insider trading.